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The Abu Dhabi Festival reached another milestone on Thursday. The annual arts event, now in its 14th edition, has expanded to include NYU Abu Dhabi’s Arts Centre as a venue for its main concert programme. The Red Theatre’s earthy interior and pristine acoustics were apt accompaniments for the Abu Dhabi return of the virtuoso guitarist Tomatito. With a two-hour programme of mostly instrumentals, Tomatito’s set list was […]

Chinese oil companies are turning their focus to overseas retail and services markets, as slowing growth in domestic fuel demand makes their traditional home market less attractive. Sinopec this week agreed to buy Chevron’s 75 per cent stake in a Cape Town refinery, affiliated service stations and convenience stores in South Africa and Botswana for $900m. It was the only remaining bidder after a year-long tender process. […]

Gold ETFs or gold bars? Bars including one kilo gold bar at bullion dealers Goldcore, in London, U.K. (March 11, 2010). Photographer: Chris Ratcliffe/Bloomberg Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different investments. […]

Ford said that slowing new car demand in the US and rising costs could halve its first-quarter earnings per share compared with last year’s record first quarter. The Detroit carmaker’s shares slipped in New York on Thursday after the company said in a statement that it now expects pre-tax profits of $9bn in 2017, down from $10.4bn last year. It expects profits to rise again in 2018. […]

Breaking news. (photo credit:JPOST STAFF) MANILA – Philippine President Rodrigo Duterte hit out at the European Union on Friday for hypocrisy and called the bloc “sons of bitches” after its lawmakers issued a resolution calling for restraint and a rethink in his bloody war on drugs. Duterte castigated the EU for urging him to focus his campaign on drugs rehabilitation and stood by his security-centered […]

By Farah Master and Venus Wu | HONG KONG HONG KONG As visitors sip champagne at Hong Kong’s Art Basel event this week and take selfies with replicas of deceased leaders Fidel Castro and Mao Zedong, a more urgent issue is rumbling through dealers exhibiting – how big an impact China’s capital controls will be in the coming year. Over the past six months, Chinese buyers have […]

Democrats criticised Donald Trump’s choice to run the Securities and Exchange Commission on Thursday, saying that Jay Clayton, a veteran securities lawyer, is too deeply entangled with Wall Street to be an effective markets cop. SEC ethics rules will require Mr Clayton, a partner with Sullivan & Cromwell in New York, to recuse himself for two years from enforcement actions involving his former clients or anyone represented […]

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Friday 06:00 GMT Overview Asian stock markets continued to recover after a midweek sell-off and as a highly anticipated vote on US healthcare reform was pushed back until later on Friday. European bourses are expected to open on the front foot, with spreadbetters predicting the UK’s FTSE 100 will add 8 points to 7,349 and Germany’s Dax to advance 20 points to 12,060. Hot topic Global markets […]

Before she became Facebook’s Head of News Partnerships, Campbell Brown had to deal with a low-tech filter bubble. As a host on CNN, she was competing every night with the likes of left-leaning MSNBC and right-leaning Fox News. Battling low ratings, she left her 8 p.m. slot in 2010 with a rare hat tip to her partisan competitors. “I hosted a show on CNN, and I had […]

By Venus Wu and Jess Macy Yu | HONG KONG HONG KONG Hong Kong on Sunday will likely select Beijing’s favoured candidate for its next leader who some say will further divide a city where middle class families have become increasingly disaffected by political tension and economic hardship. The former British colony, governed under a “one country, two systems” arrangement, was promised a high degree of autonomy […]

Putting on your make-up can be a struggle if the lighting is dim and space on your table is sparse. If not stored properly, lipsticks can go missing, foundation bottles can slip and crash, and brushes can lose their shape. Hand in hand with the contouring, baking and strobing beauty trends comes the need for a well-organised make-up station, where compacts are colour coordinated and lipsticks stand […]

Chu Jeong Woo and his tour group from South Korea were supposed to visit Britain’s Houses of Parliament on Thursday. But with the area cordoned off, they had to settle for selfies with the symbol of British democracy — and the scene of Wednesday’s lethal terror attack — as a backdrop. “Change in plans,” Mr Chu, a student, explained as many in his group snapped pictures of […]

US stock funds suffered their largest redemptions since the Brexit vote in June as Donald Trump’s push to reform healthcare floundered ahead of an expected vote in Congress in the biggest test yet of his young presidency. The quarrel among Republicans over the politically charged healthcare legislation has increased market volatility and flamed investor fears that the US president may struggle to pass tax reforms later this […]

Interior Ministry officials said the CNRP’s promotion of Kem Sokha to party president and three officials to vice president violated internal party rules, issuing vague threats of legal consequences that could potentially imperil the standing of the opposition party’s candidates ahead of June commune elections. In a letter sent on Wednesday by Interior Minister Sar Kheng to CNRP executive committee chairman Yim Sovann, he said the party’s […]

Senate Democrats have indicated that they may filibuster the confirmation of Judge Neil Gorsuch to the Supreme Court, setting up a showdown on Capitol Hill that could ultimately lead to a massive overhaul in Senate rules. Chuck Schumer, Senate minority leader, said on the Senate floor on Tuesday that he would not vote to confirm Mr Gorsuch, making clear that Republicans would need to find eight Democratic […]

The pound turned in the best performance among major currencies on Thursday, gearing up for next week’s Article 50 activation by rallying to its highest level for a month following buoyant retail data. Having momentarily regained the $1.25 level on Wednesday, sterling climbed a third of a per cent against the dollar after a 3.7 per cent rise in February retail sales, well above analysts’ forecasts. Sterling […]

MOSCOW — It’s 2017, and the new Cold War is in full swing. The West is winning, for now. U.S. sanctions have impoverished Russia. But the two sides are poised at a critical juncture. The Russians have come up with new technology to drill for gas that could send their economy skyrocketing again, putting the West on the back foot. And so, the CIA sends President Donald […]

Donald Trump suffered a big blow as Republican leaders postponed a vote on the party’s healthcare bill following their failure to unite conservatives around the effort to replace the Obamacare law that they had spent years vowing to repeal. Paul Ryan, the Republican Speaker of the House, abandoned the vote on Thursday afternoon after a final effort by the White House to convince conservative rebels to support […]

Investors rushed to participate in Volkswagen’s return to European bond markets on Thursday, with the German carmaker’s first benchmark issue following the emissions scandal attracting huge demand. The €8bn euro-denominated bond attracted €24bn of orders by late afternoon, when books were closed ahead of final pricing. Bankers said the deal was launched with a spread 15 basis points tighter than initial indications. “There was a lot of […]

Most website visits these days entail a database query — to look up airline flights, for example, or to find the fastest driving route between two addresses. Credit: Massachusetts Institute of Technology Most website visits these days entail a database query—to look up airline flights, for example, or to find the fastest driving route between two addresses. But online database queries can reveal a surprising amount of […]

By Robin Emmott and Alissa de Carbonnel | BRUSSELS BRUSSELS Hours before Wednesday’s attack in London, the head of the European Union police agency Europol warned that a large group of radicalised individuals posed a constant threat to Britain and Europe. “Some of these are likely to succeed in the future,” Rob Wainwright, who is British, wrote in a blog to commemorate the attacks in Brussels that […]

BlackRock and Pimco are refusing to take part in the first bond sale by a Portuguese bank in more than a year, because of a legal battle with the country’s central bank over losses sustained in 2015. Caixa Geral de Depósitos, the state-owned Portuguese bank, is this week courting investors in London and Paris, as it seeks to sell a €500m subordinated bond, in what would be […]

When it comes to decorating, one of the biggest challenges is designing small spaces. Too much furniture can feel chaotic, the wrong colour can make it gloomy and the wrong patterns can make it cluttered. Here are some tips. Filter, identify and prioritise the scale, proportion and requirements of your room. List all the functional requirements of the space. For example, is your living room a space […]

ANKARA Turkey summoned the Russian charge d’affaires to convey its unease after a Turkish soldier was killed by sniper fire from a part of Kurdish-held Syria where Russian forces are active, Turkey’s foreign ministry spokesman said on Thursday. The Turkish military fired into the northwestern Syrian border region of Afrin on Wednesday, an area contolled by the Kurdish YPG militia, after the soldier was killed by cross-border […]

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